ELWATT-Technics

Active

Private limited companyfounded 20214 yrs activeHogeweg 15, 9000 Gent, BelgiumKBO/BCE: BE 0775.642.979

Summary

The computed 12-month bankruptcy probability of ELWATT-Technics is 14.2% (high). The 2022 annual accounts show equity of €11,351 and a net result of €9,351. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ELWATT-TechnicsActive

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€35,282total assets 2022

Equity: €11,351
Profit: €9,351

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 14.2%

2022 figures too old to score

Structure

Accounts filed 57 d late0 of 3 deeds read

Signals- 3 financial years not filed after the legal deadline; latest accounts 57 days late; 1 of the last 3 late- Figures for FY 2022 (filed 26-06-2023)- No main activity registered- No filing in 24 months (latest 26-06-2023)Filed after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Bankruptcy probability: High

Financial strength, FY 2022

Strong

Solvency 57

equity 32.2% of total assets

Liquidity 40

short-term debt 32.4% · cash 3.6%

Profitability 100

return on assets 26.5%

Bankruptcy probability, 12 months

14.2% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 11.9% 12-2024: 11.9%▲ +0.1% vs 11-2024 01-2025: 11.5%▼ -3.4% vs 12-2024 02-2025: 11.5%● 0.0% vs 01-2025 03-2025: 11.4%▼ -1.4% vs 02-2025lowest value 04-2025: 11.4%● 0.0% vs 03-2025lowest value 05-2025: 11.9%▲ +4.4% vs 04-2025 06-2025: 11.9%● 0.0% vs 05-2025 07-2025: 15.3%▲ +28.6% vs 06-2025 08-2025: 15.3%● 0.0% vs 07-2025 09-2025: 15.3%● 0.0% vs 08-2025 10-2025: 15.3%● 0.0% vs 09-2025 11-2025: 15.3%● 0.0% vs 10-2025 12-2025: 15.4%▲ +0.9% vs 11-2025highest value 01-2026: 15.4%● 0.0% vs 12-2025highest value 02-2026: 15.4%● 0.0% vs 01-2026highest value 03-2026: 15.4%● 0.0% vs 02-2026highest value 04-2026: 15.4%● 0.0% vs 03-2026highest value 05-2026: 14.7%▼ -4.6% vs 04-2026 06-2026: 14.7%● 0.0% vs 05-2026 07-2026: 14.7%● 0.0% vs 06-2026 08-2026: 14.7%● 0.0% vs 07-2026 09-2026: 14.7%● 0.0% vs 08-2026 10-2026: 14.2%▼ -3.6% vs 09-2026

3 financial years not filed after the legal deadline; latest accounts 57 days late; 1 of the last 3 late raises the probability
Figures for FY 2022 (filed 26-06-2023) raises the probability
No main activity registered raises the probability
No filing in 24 months (latest 26-06-2023) raises the probability

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Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

3 financial years not filed after the legal deadline; latest accounts 57 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Figures for FY 2022 (filed 26-06-2023)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

No main activity registered

In the bankruptcy model this factor raises the probability.

KBO

No filing in 24 months (latest 26-06-2023)

In the bankruptcy model this factor raises the probability.

NBB · filings

Filed after the deadline

The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 26-06-2023, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2022

57 d late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its 2022 accounts 57 days after the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage